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See a sample rate comparisonCPT 27448 is classified under Surgery, in the Surgical Procedures on the Musculoskeletal System subgroup.
| Key Fact | Detail |
|---|---|
| Service Type | Surgery Surgical Procedures on the Musculoskeletal System |
| Common Place of Service | 21Inpatient Hospital 22On Campus Outpatient Hospital |
| Common Modifiers | RTRight side of body LTLeft side of body |
| Hospital Outpatient Group (APC) | APC 5114 - Level 4 Musculoskeletal Procedures |
| Surgery Center Payment (ASC) | G2 - Paid separately, from the OPPS relative weight |
| Common Revenue Codes | 0360 |
| Medicare Fee Schedule | $762.54 national non-facility rate (2026)View Medicare rates for 27448 |
| Medicaid Fee Schedule | $606.775 median of the 8 states in the free previewView Medicaid rates for 27448 |
National average reimbursement for CPT 27448 by major payers:

$1,132.15
BCBS / Anthem

$1,104.65
UnitedHealthcare

$1,105.21
Aetna

$1,343.47
Cigna
Choose a payer to see a sample of rates for CPT 27448.
Texas Health Harris Methodist Hospital Hurst-Euless-Bedford
Audubon Ambulatory Surgery Center LLC, Audubon Asc At St. Francis
Audubon Ambulatory Surgery Center, LLC.
Landmark Surgical Suites, LLC
Landmark Surgical Suites LLC
Premier-Covenant Astc LLC, Premier Ambulatory Surgery Center
Premiercovenant Astc LLC
Gastroenterology Associates PA, Gastroenterology Associates Endoscopy Unit
Gastroenterology Associates, PA
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See a sample payer proposalCPT 27448 vs. Other Surgical Procedures on the Musculoskeletal System Codes
The table lists codes related to 27448. Select one to see its fee schedule.
| Code | Description |
|---|---|
| 27448-CPT | Osteotmy,Femr,Shft/Supracndy;Wo Fix |
| 27450-CPT | Osteotomy Femur W Fixation Unilat |
| 27454-CPT | Osteotomy Multiple With Real, Osteotomy Multiple With Realignment On Intramedullary Rodfemoral Shaft (Eg Sofield Type Procedure) Osteotomy Multiple With Realignment On Intramedullary Rod |
| 27457-CPT | Knee/Leg Surgery, Osteotomy Proximal Tibia Including Fibular Excision Or Osteotomy (Includes Correction Of Genu Varus (Bowleg) Or Genu Valgus (Knock-Knee)) Unilateral; After Epiphyseal Closure |
What is a fee schedule?
A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 27448. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.
Understanding the 27448 fee schedule helps patients estimate costs and providers optimize billing for accurate reimbursements.
Factors that affect fee schedules
Medicare & Medicaid Rates
Government-set reimbursement amounts
Private Insurance Rates
Negotiated rates between providers and insurance companies
Geographic Location
Costs may be higher in urban areas.
Provider Type
Hospital providers may have different rates than private practice.
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Medicare's hospital outpatient payment system (OPPS) assigns CPT 27448 to APC 5114 (Level 4 Musculoskeletal Procedures). An APC groups outpatient services that Medicare pays at the same base rate.
CMS lists CPT 27448 with ASC payment indicator G2: Paid separately, from the OPPS relative weight.
Hospital price transparency files list CPT 27448 under these revenue codes: 0360. A revenue code names the hospital department or charge category for the line; it does not change what the service is.